Table 16-3
The table below pertains to Studious,an economy in which the typical consumer's basket consists of 5 books and 10 calculators.
-Refer to Table 16-3.If 2007 is the base year,then the consumer price index was
A) 74.1 in 2006,100 in 2007,and 114.8 in 2008.
B) 74.1 in 2006,270 in 2007,and 310 in 2008.
C) 200 in 2006,100 in 2007,and 114.8 in 2008.
D) 200 in 2006,270 in 2007,and 310 in 2008.
Correct Answer:
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